New easyJet routes boost passenger figures

Low-cost airline easyJet carried 2

Low-cost airline easyJet carried 2.4 million passengers last month as it benefited from new routes and extra demand during the school holidays.

The figure represented a 25 per cent increase on the same month last year - when the half-term break fell in November - and came despite "challenging" market conditions.

The Luton-based carrier's load factor - how full its aircraft were - climbed by 1.5 per cent to 87 per cent.

High oil prices and tough competition have put the airline under pressure this year, but easyJet has overcome this by changes to its network, launching 18 new routes in October to locations including Geneva, Madrid and Venice.

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It also recently cut flights to Swiss financial hub Zurich and reduced capacity to Copenhagen and Amsterdam as part of an ongoing programme to drive down costs.

EasyJet said last month that it expected pre-tax profits for the year to top £60 million sterling, 16 per cent up on last year and higher than the £52 million it predicted in June.

The airline plans to increase the number of aircraft in its fleet by about 16 per cent in 2005 - less than the 24 per cent rise previously planned.

The group, which is due to report annual results later this month, recently became the centre of takeover speculation after Icelandic investors Icelandair Group took a 10 per cent stake in its UK rival.

PA